Bloom Health Partners Inc BLMHF

$BLMH Webinar Summary & DD

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Solid webinar from Bloom Health ($BLMH.c $BLMHF) today with CEO Andrew Morton and Dr. Nimisha Kalia, the CMO of GE, regarding "how Bloom's service offerings fulfill the growing strategic need for corporations to provide leading health and safety services to employees".
 

Morton provided an insightful overview of $BLMH and emphasized that while $BLMH has a covid testing and safety solution, it is not just a "covid play" but an overall health play.
 

$BLMH is an occupational health and safety service provider dedicated to providing better and more convenient healthcare for employees.

• Offers data platform to manage end-to-end health intelligence, primary care services, screening & preventative care, mental health services, etc.
• Clients across industries including many Fortune 500 corporations, live events, film productions, and K-12 schools in Alabama and Texas
• Experienced Board of Directions and seasoned management team

Operational Health Market Opportunity:

• USA Workplace health market: $6.5B in 2021
• Workplace safety market to reach $1.9B by 2025
• Huge advantage for the employer to have employee needs met at the site
• Employees are looking at health benefits packages when deciding where to work
• Standard workplace care has its limits (Ex. Loss of time and productivity on the job & increased compensation claims and disability costs)
• Pandemic has driven an increase in importance for both physical and mental health

$BLMH offers Workplace Health as a Service

• Offer health onsite & remote with mental health services, remote patient monitoring, and proctored services
• Flexible and innovative by finding a specific solution that tailors to the needs of each employer
• Bloom Shield Software provides employees with a personal health record & employer with an anonymous aggregate idea of workforce health
• Mitigates risk while decreasing costs for employer & employee
• Employer able to compete for talent with unique health benefits
• Major hubs in California, Texas, Alabama, and Georgia

Why Invest?

• Established revenue stream and innovations for growth
• Innovating in high-demand market with health-tech services for companies
• Delivers services in high volume to large organizations in a growing market
• World-class team and established locations across North America
• Multiple revenue streams (billable services, transactional fees, software components, recurring revenue)

$BLMH essentially operates as a medical consultant to organizations by providing both health care and health tech solutions. In terms of upcoming catalysts, $BLMH has additional clients, partnerships with tech and medical companies and new market channels in the works that we can expect to occur throughout the year.
 

As the workplace is changing due to covid exposing a significant gap in healthcare needs, $BLMH is providing tailored solutions to employers while targeting an employee base that has previously been ignored (blue-collar workers). $BLMH benefits both the employer and employee and has the opportunity to revolutionize healthcare in the workplace.
 

Trading at $0.145 with a $5.64M MC, $BLMH is undervalued given its potential and is definitely one to keep an eye on IMO. I'll provide a link to the recording once available and I'd recommend checking it out.